HSBC to finance climate tech startups with $1bln
HSBC bank today declared that it will offer $1 billion fund to early-stage climate tech companies around the world,…
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hsbc bank
HSBC expands private banking business in UAE amid growing millionaire base
HSBC announced on Wednesday that it has expanded its private banking business in the UAE to cater to the growing…
EFG Hermes, HSBC sign EGP400 mln agreement to support SMEs
EFG Hermes Leasing and HSBC Bank Egypt have signed a cooperation agreement that will help small and medium-sized…
Shell signs $15.3 billion Bridge Loan
Royal Dutch Shell (RDSa.L) has agreed a 10.07 billion pound ($15.28 billion) bridge loan from a group of…
Egypt 20th Country With Most Swiss HSBC Bank Accounts: Leaked Report
Egypt is the 20th country with the most private dollar accounts at the Swiss subsidiary of the HSBC, with up to…
HSBC Bank Limits Cash Withdrawals As Protests Take Off
A major bank in Egypt, HSBC limits daily cash withdrawals and deposits as pro- and anti-government protests grip…
Egypt Sets Up $12 Bln bond program, Eyes Sukuk Early 2014
Egypt aims to issue its debut sovereign Islamic bond, or sukuk, early next year, which could help ease pressure on…
HSBC Says Q1 Profits Jump To $8.4 Bln As Bad Debts Drop
HSBC said its first quarter profits almost doubled from a year ago to more than $8 billion as bad debts and costs…
HSBC Launches Two New Branches In Rehab City, El-Tagamu El-Khames
HSBC Bank Egypt announced today that it launched two new branches in Rehab City and El-Tagamu El-Khames (fifth…
HSBC Bank Egypt Wins”Bank of the Year” Award in 2012
HSBC Bank Egypt (“HSBC”) is proud to announce that it has won the prestigious “Bank of the Year – Egypt” Award in…
HSBC’s Oman Unit See Sharp Drop In 2012 Profit
HSBC Bank Oman HBOM.OM, formed last year by a merger of HSBC's Oman unit and Oman International Bank, posted a…
HSBC Egypt Stops Online Foreign Currency Service
HSBC Bank Egypt stopped the foreign currency operations through the internet banking service temporarily because of…
Banque Du Caire 5th Largest Deposit Holder, 7th Lender In Egypt
Banque Du Caire achieved good results in the last nine months, raising its loan and deposit market shares, sources…
HSBC In Talks On Closing South Korean Retail Bank Unit: Report
HSBC (HSBA.L) is talking with South Korean regulators about shutting its local retail banking operations after a…
HSBC Egypt 9-Month Net Profit (Non-Consolidated) Hits EGP 1.065 Bln
HSBC Bank Egypt achieved net profit of EGP 1.065 billion at the end of last September, compared to EGP 867.6…
HSBC In Talks To Sell $9 Bln Ping An Insurance Stake
HSBC Holdings Plc (HSBA) is in talks to sell its $9 billion stake in Ping An Insurance (Group) Co. (2318), China’s…
HSBC Investigating Claims Of Criminal Account Holders
HSBC bank says it is looking into allegations that criminals have used offshore accounts at its Jersey operation…
HSBC Bank Oman 9-Mth Profit Drops 4.2 Pct On Provisions
HSBC Bank Oman , formed earlier this year by a merger of HSBC's Oman unit and Oman International Bank , posted a…
Mobinil Gets EGP 1.15 Bln First Tranche Of EGP 2.9 Bln Loan
The Egyptian Company for Mobile Services (Mobinil) received EGP 1.150 billion worth of the first tranche of the EGP…
Expat Wealth Heads To Southeast Asia: HSBC
Southeast Asia has come to the fore as a leading destination for expat earning potential according to the latest…
Egypt’s Trade Eligible To Grow: HSBC Egypt CEO
Andrew Long, CEO of HSBC Bank Egypt, expected Egypt’s trade to greatly improve in the upcoming period, thanks to…
HSBC Vows To Strengthen Money-Laundering Controls
HSBC’s Retail Banking and Wealth Management Units work in compliance with the international supervisory and…
HSBC Has Expansion Plans In Egypt: Francesca McDonagh
Francesca McDonagh, HSBC’s Regional Head of Retail Banking and Wealth Management for the Middle East and North…
McDonagh Announces HSBC Egypt’s Strategy In A Roundtable
Francesca McDonagh, HSBC's Regional Head of Retail Banking and Wealth Management for the Middle East and North…
Edu-Egypt’s 4th Job Fair to Provide 7400 Job Opportunities
The Ministry of Communications and Information Technology has launched today Edu-Egypt's fourth job fair, in…
HSBC Egypt Chairman Retires
Abdel Salam El Anwar, who served as Chairman of HSBC Bank Egypt since 2003, was retired. Sources said Simon Cooper,…
HSBC Egypt: Retail Loans Registered EGP 2.8 Bln In June 2012
HSBC Bank Egypt said the value of retail finances registered EGP 2.855 billion at the end of June 2012, up from EGP…
HSBC’s Net Profit Rose EGP 116.1 Mln In H1
HSBC Bank Egypt achieved net profit of EGP 701.9 million at the end of June 2012, up from EGP 585.7 million at the…
Fajr Capital Acquires Stake In MENA Infrastructure Fund
Fajr Capital Limited has announced its acquisition of Dubai International Capital 's stake in the MENA…
Arrangers Of Mobinil Loan To Sign Final Agreement Soon
The banks arranging the EGP 2.9 billion syndicated loan for the Egyptian Company for Mobile Services Mobinil will…
HSBC Negotiates With U.S. Regulators Over Settling Money Laundering Case
HSBC Holdings Plc (HSBA), which is under investigation by U.S. regulators for laundering funds of sanctioned…
HSBC Oman Asks Customers To Update Personal Info
HSBC Bank Oman is encouraging customers to update their personal data records by visiting their closest branch by…
HSBC Bank Oman Links Atms To Omannet Switch
HSBC Bank Oman has successfully linked its newly expanded ATM network to OmanNet Switch, giving customers broader…
Loan Arrangers Affirm Signing Of Term Sheet..Contradicting Mobinil’s Denial
The National Bank of Egypt (NBE), Banque Misr, Commercial International Bank (CIB), National Societe General Bank…
HSBC Bank Oman Names Chief Executive Officer
The Board of Directors of HSBC Bank Oman announced the appointment of Ewan Stirling as Chief Executive Officer of…
HSBC Bank Holds First Board Meet
HSBC Bank Oman SAOG held its first Board of Directors’ meeting under the chairmanship of Simon Cooper, CEO of HSBC…